PITTSBURGH and NEEDHAM, Mass., May 17,
2017 /PRNewswire/ -- PTC (NASDAQ: PTC) and ANSYS
(NASDAQ: ANSS) today announced a solution that will enable ANSYS
engineering simulation technology to be rapidly added to
applications built on the ThingWorx® Industrial Internet
of Things (IoT) platform from PTC. The development of a connector
between these two technology platforms will enable customers to
transform raw data into new forms of actionable intelligence. The
connector will integrate intelligent digital simulation models with
products as they exist and operate in the real world. This will
open up new opportunities for companies to create value by enabling
them to optimize operations and maintenance and to integrate them
into their product development processes.
Simulation helps companies understand situations that may occur
– such as a product failure – as early as the design phase. When
faced with limited access to rich historical data, companies can
leverage simulation models to generate an initial "as designed" set
of expected outcomes or product performance. The results of these
simulations act as a rich source of data that can be used for
supervised machine learning and predictive modeling. The ongoing
connection between real-world performance, simulation, and machine
learning helps companies make sense of data that can lead to
predictive models and a more insightful feedback loop, enabling
them to improve product design and modeling.
The IoT is making it possible to create a digital twin that
combines real-time data about a physical product with the
organization's digital information about the product. Simulating
digital twins provides advanced intelligence and insight into a
product's behaviors. The combination of the ThingWorx platform
capabilities with ANSYS simulation models will enable companies to
deploy powerful applications that can analyze current operating
conditions, rapidly identify and diagnose operations issues,
predict future operating conditions, and improve product
performance. PTC and ANSYS will make the capabilities of this
solution available within IoT applications developed on
ThingWorx.
"Obtaining value from the data generated by connected products
is one of the primary reasons companies invest in the Industrial
IoT," said Catherine Kniker, chief
revenue officer, Platform Business, PTC. "Simulation technology
combined with machine learning can help Industrial IoT solution
builders identify and make sense of the data needed to improve
product design and performance – and develop next-generation
products. We look forward to seeing how solution builders will
create new value by introducing our solution with ANSYS, a
preferred simulation partner, into their applications."
"Many of our customers are looking to digital twins to disrupt
their industries by drastically lowering their operating and
maintenance costs and by marketing their products as optimized
services in real time," said Eric Bantegnie, ANSYS general manager.
"By leveraging the solution that ANSYS and PTC will bring to the
market, our customers will bring powerful capabilities to new
Industrial IoT applications. We look forward to demonstrating the
value of this solution at LiveWorx17."
ANSYS is an elite sponsor at LiveWorx17. To see a demonstration
of the simulation and machine learning joint solution, as well as
ANSYS's broader Industrial IoT portfolio, please visit booth 345 on
the Xtropolis show floor.
Additional Resources
- Harvard Business Review: "How Smart, Connected Products are
Transforming Companies," authors PTC CEO Jim Heppelmann and Harvard Professor
Michael Porter
- ThingWorx Industrial IoT Platform
- ANSYS – Simulation Driven Product Development
About ANSYS, Inc.
If you've ever seen a rocket launch, flown on an airplane,
driven a car, used a computer, touched a mobile device, crossed a
bridge, or put on wearable technology, chances are you've used a
product where ANSYS software played a critical role in its
creation. ANSYS is the global leader in engineering simulation. We
help the world's most innovative companies deliver radically better
products to their customers. By offering the best and broadest
portfolio of engineering simulation software, we help them solve
the most complex design challenges and create products limited only
by imagination. Founded in 1970, ANSYS employs thousands of
professionals, many of whom are expert M.S. and Ph.D.-level
engineers in finite element analysis, computational fluid dynamics,
electronics, semiconductors, embedded software and design
optimization. Headquartered south of Pittsburgh, Pennsylvania, U.S.A., ANSYS has
more than 75 strategic sales locations throughout the world with a
network of channel partners in 40+ countries. Visit www.ansys.com
for more information.
To join the simulation conversation, please visit:
www.ansys.com/Social@ANSYS
ANSYS and any and all ANSYS, Inc. brand, product, service and
feature names, logos and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States or other
countries. All other brand, product, service and
feature names or trademarks are the property of their respective
owners.
About PTC (NASDAQ: PTC)
PTC has the most robust Internet of Things technology in the
world. In 1986 we revolutionized digital 3D design, and in 1998
were first to market with Internet-based PLM. Now our leading IoT
and AR platform and field-proven solutions bring together the
physical and digital worlds to reinvent the way you create,
operate, and service products. With PTC, global manufacturers and
an ecosystem of partners and developers can capitalize on the
promise of the IoT today and drive the future of
innovation.
PTC.com
@PTC Blogs
PTC, ThingWorx and the PTC logo are trademarks or registered
trademarks of PTC Inc. or its subsidiaries in the United States and other countries.
ANSS-T
Contact
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Media
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Amy
Pietzak
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724.820.4367
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amy.pietzak@ansys.com
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Investors
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Annette Arribas,
CTP
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724.820.3700
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annette.arribas@ansys.com
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SOURCE ANSYS, Inc.